Strategic Forecasts and Staffing Formulation Essay Example
Strategic Forecasts and Staffing Formulation Essay Example

Strategic Forecasts and Staffing Formulation Essay Example

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  • Pages: 3 (685 words)
  • Published: May 10, 2017
  • Type: Essay
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Staffing issues are an essential element in the success of foreign, multi-national, corporations. In many instances, companies will promote from within in order to utilize the reserves of high potential employees without the need to rely on the external labor market, which could impact the company’s overall performance. As an HR manager for Bosch, overseeing the corporation’s development in Kazakhstan, three fundamental issues must be addressed.

One, a brief analysis of the company and country specific situations, two, planning the short and long term staffing requirements, and three, preparing an action plan which addresses meeting the managerial staffing targets for the company. Brief Analysis of company and country specific situations Bosch’s corporate philosophy can be summed up quite briefly in the words of its founder Robert Bosch when he stated, “it is my intention, apart from the alleviation of all

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kinds of suffering, to promote the moral, physical and intellectual development of the people. (Dowling, Festing, & Engle, 2010)

Once a year the global executive staffing needs for selected countries are derived from each division’s long term strategic planning activities. The environmental conditions of Kazakhstan are fair, with some of the countries main exports including, oil, ferrous and non ferrous metals, machinery, chemicals, grain, wool, meat and coal (p. 340). Corporate strengths include, a growing diesel sector and a having businesses in over 140 countries.

Corporate constraints include, little to no growth planned over the next ten years for three of the four major sectors of the Bosch Corporation (gasoline, Bosch-Rexroth, and security systems) and the labor market for qualified managers and specialists being very small. Problem Identification Two of the major problems Bosch is facing revolve aroun

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staffing and expected company growth. Bosch relies upon expatriates to fill executive and managerial positions, but some of the locations of the company’s main production sites are not attractive to most qualified employees.

Secondly, growth in three of the four production areas is expected to be very limited for at least ten years. Diesel production is expected to grow. Therefore, the main problem facing Bosch is the lack of and need for, new hires for there growing Diesel market. Generally, the EMP program must be revised in order to supply new hires for executive level positions and decrease the need for expatriates in order to fill these positions. In order to solve this problem, more emphasis should be placed on internal training programs such as JUMP, which train current employees for higher level executive and managerial positions.

Situation Analysis The lack of and need for new hires has led to higher management positions being solely filled by expatriates (p. 342). The rapid in country growth for the company’s diesel site has left Bosch in need of more managerial and executive level employees. Primarily the solution for this problem lies with a general need for reform concerning the company’s EMP program. The JUMP program itself, which trains employees for managerial positions, takes place over a two year time frame which requires the candidate to travel abroad for at least six months.

In order to solve the problem related to the need for new hires and dependence upon expatriates for growing production sites such as the company’s diesel site, the companies EMP program should be reformed, condensing the training needed for managerial positions, therefore reducing the total time frame needed

to train current employees for executive and managerial positions. Some of the expected positive outcomes of condensing the companies EMP program include, a shorter time frame needed to supply qualified employees to production sites in need and a general decrease in the demand for outsourcing for potential employees.

Some of the negative outcomes of the proposed solution include; a decrease in some of the curriculum used within EMP programs such as JUMP and a general decline in the quality of such EMP programs. Aspects of the problem which remain unsolved with the proposed solution primarily revolve around the location of the production sites. The location of the company’s production sites will remain unchanged and therefore unappealing to perspective, qualified employees located in other countries.

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